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QUESTION
The following data pertains to activity and costs for two months: June July Activity level in units 10,000 12,000 Direct materials $16,000 $? Fixed
The following data pertains to activity and costs for two months:
JuneJulyActivity level in units10,00012,000Direct materials$16,000$?Fixed factory rent12,000?Manufacturing overhead10,000?Total Cost38,00042,900Assume that these activity levels are within relevant range, the manufacturing overhead for July was: